An eight-member team from the Financial Action Task Force (FATF) will be coming month end to evaluate this country's compliance with respect to the operation of the Financial Intelligence Unit (FIU), National Security Minister Jack Warner has said.

Warner disclosed this yesterday at the post-Cabinet news conference at the Diplomatic Centre, St Ann's, Port of Spain, when questioned as to why there was a Parliament meeting today at 10 a.m.

Warner said the Parliament will meet to debate the Financial Intelligence Unit of Trinidad and Tobago and Anti-Terrorism Bill 2012 as part of its duties in complying with the prerequisites to meeting international standards as it relates to legislation.

Warner said when the People's Partnership Government came into office in 2010, the country was in the "dark" in terms of its ranking on the FATF list to a "grey" area.

The FIU was established to investigate suspicious financial investigations.

Warner said the team will be in Trinidad from August 27 to 28 and will be meeting with himself as well as other heads such as the Finance Minister and Attorney General.

"...And you shall see, we shall pass with flying colours," said Warner.

He added that one cannot be totally satisfied with respect to the FIU's clampdown on white-collar criminal activity, but he said there was progress.

Newly appointed Finance Minister Larry Howai will be piloting the Bill today.

The FIU has been a topic of controversy as the Opposition People's National Movement (PNM) have openly criticised and condemned the appointment of Susan Francois as the unit's director.

Prime Minister Kamla Persad-Bissessar had used her veto power to override the Public Service Commission's recommendation for the top job and retain Francois as former finance minister Winston Dookeran had said Francois was instrumental in moving this country from the dark to grey area on the FATF list.